Mayor Adams believes Bitcoin will send a message that the Big Apple is ready to adopt new technologies.
Bitcoin will help New York to send a message to the world that the city is open to adopting new and innovative technologies, said mayor Eric Adams. He also showed no regrets about receiving his first paycheck in BTC amid the market meltdown.
The mayor’s entrance into the digital asset space came at a bleak time, though. The landscape now is entirely different than what it was when he first promised to get his paychecks in bitcoin. That was in November 2021 as BTC was heading toward its peak of $69,000.
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